Author: Grace Thompson

Over 71 million U.S. retirees, VA veterans, and disability beneficiaries are anxiously awaiting news of the 2025 Social Security Cost of Living Adjustment (COLA) increase. With inflation continuing to impact everyday expenses, the COLA is vital in helping retirees keep up with rising costs. Predicted 2025 COLA Increase: 2.5% Experts predict that the 2025 COLA will bring a 2.5% increase to Social Security payments. This estimate follows the 2024 increase of 3.2%, a figure the same experts accurately forecasted last year. Although this year's increase is expected to be lower, it still provides essential relief for millions of Americans who rely on Social Security as a primary source of income. Official Announcement Date The U.S. Government has set October 10, 2024, as the officia...

A significant number of taxpayers who chose to receive their IRS tax refunds via mail have fallen victim to a widespread theft operation, according to a report by The Wall Street Journal. Over 200 individuals have reported that their refund checks, some valued at up to $500,000, were stolen. This large-scale fraud has resulted in millions of dollars in losses, sparking concerns over the security of mailed IRS refund checks. Representative Nicole Malliotakis Responds to Stolen Checks Nicole Malliotakis, a Republican representative from Staten Island, has taken on 218 cases involving stolen refund checks, amounting to $3.8 million in missing funds. One of her constituents faced the issue of having to refile multiple times to receive their refund, only to have reissued checks stolen as ...

Social Security Disability benefits play a vital role in supporting millions of U.S. citizens who are unable to work due to disabilities. As inflation continues to impact living costs, beneficiaries eagerly await the 2025 Cost of Living Adjustment (COLA) to help cope with rising expenses. Although the official COLA announcement is yet to be made, there are already predictions for the increase in monthly payments for disability recipients. What Is the 2025 Disability Benefit Increase? The Senior Citizens League has estimated that the 2025 COLA could bring a 2.5% increase to Social Security payments. This means that individuals receiving disability benefits, or SSDI (Social Security Disability Insurance), could see their checks rise accordingly. For those receiving the maximum SSDI ...

The Supplemental Nutrition Assistance Program (SNAP), commonly known as Food Stamps, provides crucial financial assistance to millions of low-income households in the United States. With rising inflation, the USDA has announced a cost-of-living adjustment (COLA) for SNAP recipients in October 2024. While the increase may not be substantial, it will offer some extra support to those who rely on these benefits. How SNAP Payments Are Scheduled Unlike Social Security payments, which are based on a recipient's retirement date or birthday, SNAP payments are distributed on different dates depending on the state. Each state has its own schedule for SNAP payments, which typically occur between the 1st and the 28th of the month. It's important for recipients to check their state's specific cal...